Blocksafe - Triggers Whitepaper

Wednesday, June 20, 2018
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White Paper Update Excerpt: Master Nodes/AMMO This brief document will outline the master node token economy and the functions of Trigger (TRIG) tokens, which will soon be referred to as TRIGX; and AMMO tokens in the Blocksafe network. The original white paper reflected 100 mm tokens. Since the burn, 32,105,578 mm are left in circulation: Network Overview: Token Economy TRIGX fuels transactions on the main chain while main chain data interacts with sidechains through master nodes, which are fueled by AMMO. Local sidechain processes are powered by subtokens. Master nodes handle current and future system processes and features that require consensus, for example: decentralized VPNs, network routing, sidechain support switching, load balancing, etc. Master nodes are not IP-restrictive; master nodes with more hash power will be routed to sidechains as needed, thus earning subtokens. 1

Hence, the more the hash power the more is earned; with a combination of AMMO and the subtoken reward for which the master node is providing hash power. AMMO AMMO can be thought of as a reward for providing backbone support to the network. More technically, AMMO serves as the currency of computing and routing of data requested by and sent by the network, a dataset composed of the overall mesh of sidechains and the main TRIGX chain. A cap of 60 million AMMO will exist at all times. AMMO locked for the team will be subject to liquidation rules tied to a static percentage of daily trade volume. When master nodes provide hash power to sidechains, the opportunity for sidechain bonuses will exist, payable in the subtoken in question. Figure 1: Economy Flow Chart 2

Figure 2: Master Node/AMMO Life Cycle 3

Figure 3: Blocksafe Bonus Reward System For Developers and Projects Since an SDK and API will be provided, three categories of sidechains (subtokens) will exist. All are potentially tradeable: Partner Projects: Projects which Blocksafe partners with and incubates directly. Client Projects: Projects hich utilize Blocksafe’s custo sidechai ser ice. 4

Publicly Built: Projects that take advantage of the SDK and API provided to fund projects. All sidechain projects will have subtokens and sensor-driven networks, which means that each new sidechain network will add to the dataset database of the network as a whole. Subtokens will be directly tradeable for one another on TrigXchange, the Blocksafe decentralized subtoken exchange. They will also be tradable for TRIGX and then BTC, via AMMO. 5